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As for the long term, the corporate is shifting forward with the “Inspiring Brilliance” strategic plan outlined within the March Investor Day presentation, using data and consumer insights to keep it agile and conscious of micro and macro modifications available within the market. Drosos and team are geared up for the busy holiday season, anticipating things to get busier as the month progresses. The company will end the year inside its acknowledged guidance between $7.07 billion to $7.27 billion, though the hope is it’ll are available nearer to the excessive end than the low finish of that vary.

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Alongside laboratory and gemmological services, IGI offers technical coaching for jewelry professionals and consumers. The coronavirus disaster has left worldwide companies as exposed as native ones. ARABELLA RODEN spoke to Roland Lorie, CEO International Gemological Institute, and Avi Levy, president IGI North America, to debate the worldwide impression of the pandemic on the jewelry industry.